#NIO has been trading for a while in the demand zone, giving great opportunity for low risk entry. And great target potential. Regardless the fundamental analysis, this is just technical analysis.
From this price I will start buy small positions and buy more with bullish price actions.
โ - Moving Averages still bearish, price distance to fast ma 0.50% and to slow -17.53%
โ - The scenario is duble bottom, and bearish butterfly ๐ฆ pattern.
โ -ย MACD
โ -ย STOCHASTIC
โ - Momentum
โ -ย RSI Neutral
โ - Ichimoku very bearish
โฐ - Breakout around: $37
๐ฆ - Next entries in case if dropped:
- $30
- $23.30
- 18.70
โ ๏ธ - This idea is based on myย technical analysisย only. Do your research and trade on your own risk!
From this price I will start buy small positions and buy more with bullish price actions.
โ - Moving Averages still bearish, price distance to fast ma 0.50% and to slow -17.53%
โ - The scenario is duble bottom, and bearish butterfly ๐ฆ pattern.
โ -ย MACD
โ -ย STOCHASTIC
โ - Momentum
โ -ย RSI Neutral
โ - Ichimoku very bearish
โฐ - Breakout around: $37
๐ฆ - Next entries in case if dropped:
- $30
- $23.30
- 18.70
โ ๏ธ - This idea is based on myย technical analysisย only. Do your research and trade on your own risk!
โ
Bullwards on Discord:
discord.gg/Bullwards
โ Bullwards on Telegram:
t.me/bullwards
โ Stocktwits:
stocktwits.com/hosselo
discord.gg/Bullwards
โ Bullwards on Telegram:
t.me/bullwards
โ Stocktwits:
stocktwits.com/hosselo